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Pagaya Technologies Ltd. (PGY) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
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For the quarter ended March 2025, Pagaya Technologies Ltd. (PGY - Free Report) reported revenue of $289.99 million, up 22.4% over the same period last year. EPS came in at $0.69, compared to $0.20 in the year-ago quarter.
The reported revenue represents a surprise of +1.63% over the Zacks Consensus Estimate of $285.33 million. With the consensus EPS estimate being $0.40, the EPS surprise was +72.50%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Pagaya Technologies Ltd. performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Network Volume: $2.40 billion versus $2.62 billion estimated by three analysts on average.
Interest income: $7.68 million versus $7.57 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -0.9% change.
Revenue from fees: $282.70 million compared to the $282.73 million average estimate based on two analysts. The reported number represents a change of +19.3% year over year.
Shares of Pagaya Technologies Ltd. have returned +29.4% over the past month versus the Zacks S&P 500 composite's +10.6% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.
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Pagaya Technologies Ltd. (PGY) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
For the quarter ended March 2025, Pagaya Technologies Ltd. (PGY - Free Report) reported revenue of $289.99 million, up 22.4% over the same period last year. EPS came in at $0.69, compared to $0.20 in the year-ago quarter.
The reported revenue represents a surprise of +1.63% over the Zacks Consensus Estimate of $285.33 million. With the consensus EPS estimate being $0.40, the EPS surprise was +72.50%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Pagaya Technologies Ltd. performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Network Volume: $2.40 billion versus $2.62 billion estimated by three analysts on average.
- Interest income: $7.68 million versus $7.57 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -0.9% change.
- Revenue from fees: $282.70 million compared to the $282.73 million average estimate based on two analysts. The reported number represents a change of +19.3% year over year.
View all Key Company Metrics for Pagaya Technologies Ltd. here>>>Shares of Pagaya Technologies Ltd. have returned +29.4% over the past month versus the Zacks S&P 500 composite's +10.6% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.